"Entrepreneurs with strong businesses should sell them now to pocket the best possible profit, says serial entrepreneur Mark Mills.
Mills, who founded and sold ATM business Cardpoint in 2006 for £170 million, said that SME owners who sell their businesses now will benefit from the dual benefit of a low capital gains tax rate for entrepreneurs, plus a ready market of corporate and private equity buyers keen to buy their businesses.
Mills says: "It is the perfect time to sell. You have got a favorable tax regime and willing buyers who have loads of cash. You couldn't get a better time.""
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Soapbox: SME owners should rush to sell their businesses now, says Mark Mills - Telegraph:
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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